The Coalition for Disaster Resilient Infrastructure (CDRI) has announced the establishment of a Rs 2.47 million Climate Adaptation Fund to support resilient urban development in cities across South Asia and Latin America. This initiative aims to enhance municipal capacity to address climate vulnerabilities and build sustainable infrastructure.

The fund will provide targeted grants to cities for projects that strengthen resilience to climate-related risks such as extreme weather events, flooding, and infrastructure failure. It will focus on financing efforts like nature-based solutions, improved drainage and water management, urban greening, early-warning systems, and risk-informed urban planning.

Eligible applicants include municipal governments and city authorities that demonstrate a clear appraisal of climate risks and a feasible adaptation plan. Selected cities will receive technical assistance and financial support to develop and implement pilot projects showcasing scalable and replicable solutions.

CDRI emphasises the importance of such regional collaboration in ensuring that cities at the frontlines of climate change receive the tools needed for long-term sustainability. By investing in resilience today, the fund seeks to reduce future disaster costs and improve the well‑being of urban populations across developing regions.

The launch marks a major step in supporting climate adaptation measures in rapidly urbanising areas. It underlines CDRI’s ongoing commitment to fostering resilient infrastructure worldwide.